Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 129 Pages
Report ld: 4245006
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Excitation Systems Market Size(US$)

CAGR 2025-2031
3.1%
Market Size,2031
USD 2,822
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Excitation Systems was estimated to be worth US$ 2286 million in 2024 and is forecast to a readjusted size of US$ 2822 million by 2031 with a CAGR of 3.1% during the forecast period 2025-2031.
An excitation system is a system used for providing the necessary field current to the rotor winding of the synchronous machine.
In brushless excitation systems, the field current is supplied to synchronous machines without using slip rings and carbon brushes. As these systems do not require carbon brushes, losses due to contact resistance are low, thus resulting in low maintenance as compared to static excitation systems. Thus, low maintenance cost as compared to static excitation systems is expected to support the market growth for brushless excitation systems.
This report aims to provide a comprehensive presentation of the global market for Excitation Systems, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Excitation Systems by region & country, by Type, and by Application.
The Excitation Systems market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Excitation Systems.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Excitation Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Excitation Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Excitation Systems in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Excitation Systems Product Introduction
1.2 Global Excitation Systems Market Size Forecast
1.2.1 Global Excitation Systems Sales Value (2020-2031)
1.2.2 Global Excitation Systems Sales Volume (2020-2031)
1.2.3 Global Excitation Systems Sales Price (2020-2031)
1.3 Excitation Systems Market Trends & Drivers
1.3.1 Excitation Systems Industry Trends
1.3.2 Excitation Systems Market Drivers & Opportunity
1.3.3 Excitation Systems Market Challenges
1.3.4 Excitation Systems Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Excitation Systems Players Revenue Ranking (2024)
2.2 Global Excitation Systems Revenue by Company (2020-2025)
2.3 Global Excitation Systems Players Sales Volume Ranking (2024)
2.4 Global Excitation Systems Sales Volume by Company Players (2020-2025)
2.5 Global Excitation Systems Average Price by Company (2020-2025)
2.6 Key Manufacturers Excitation Systems Manufacturing Base and Headquarters
2.7 Key Manufacturers Excitation Systems Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Excitation Systems
2.9 Excitation Systems Market Competitive Analysis
2.9.1 Excitation Systems Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Excitation Systems Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Excitation Systems as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Static Excitation Systems
3.1.2 Brushless Excitation Systems
3.2 Global Excitation Systems Sales Value by Type
3.2.1 Global Excitation Systems Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Excitation Systems Sales Value, by Type (2020-2031)
3.2.3 Global Excitation Systems Sales Value, by Type (%) (2020-2031)
3.3 Global Excitation Systems Sales Volume by Type
3.3.1 Global Excitation Systems Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Excitation Systems Sales Volume, by Type (2020-2031)
3.3.3 Global Excitation Systems Sales Volume, by Type (%) (2020-2031)
3.4 Global Excitation Systems Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Synchronous Generators
4.1.2 Synchronous Motors
4.2 Global Excitation Systems Sales Value by Application
4.2.1 Global Excitation Systems Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Excitation Systems Sales Value, by Application (2020-2031)
4.2.3 Global Excitation Systems Sales Value, by Application (%) (2020-2031)
4.3 Global Excitation Systems Sales Volume by Application
4.3.1 Global Excitation Systems Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Excitation Systems Sales Volume, by Application (2020-2031)
4.3.3 Global Excitation Systems Sales Volume, by Application (%) (2020-2031)
4.4 Global Excitation Systems Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Excitation Systems Sales Value by Region
5.1.1 Global Excitation Systems Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Excitation Systems Sales Value by Region (2020-2025)
5.1.3 Global Excitation Systems Sales Value by Region (2026-2031)
5.1.4 Global Excitation Systems Sales Value by Region (%), (2020-2031)
5.2 Global Excitation Systems Sales Volume by Region
5.2.1 Global Excitation Systems Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Excitation Systems Sales Volume by Region (2020-2025)
5.2.3 Global Excitation Systems Sales Volume by Region (2026-2031)
5.2.4 Global Excitation Systems Sales Volume by Region (%), (2020-2031)
5.3 Global Excitation Systems Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Excitation Systems Sales Value, 2020-2031
5.4.2 North America Excitation Systems Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Excitation Systems Sales Value, 2020-2031
5.5.2 Europe Excitation Systems Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Excitation Systems Sales Value, 2020-2031
5.6.2 Asia Pacific Excitation Systems Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Excitation Systems Sales Value, 2020-2031
5.7.2 South America Excitation Systems Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Excitation Systems Sales Value, 2020-2031
5.8.2 Middle East & Africa Excitation Systems Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Excitation Systems Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Excitation Systems Sales Value
6.2.1 Key Countries/Regions Excitation Systems Sales Value, 2020-2031
6.2.2 Key Countries/Regions Excitation Systems Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Excitation Systems Sales Value, 2020-2031
6.3.2 United States Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Excitation Systems Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Excitation Systems Sales Value, 2020-2031
6.4.2 Europe Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Excitation Systems Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Excitation Systems Sales Value, 2020-2031
6.5.2 China Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.5.3 China Excitation Systems Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Excitation Systems Sales Value, 2020-2031
6.6.2 Japan Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Excitation Systems Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Excitation Systems Sales Value, 2020-2031
6.7.2 South Korea Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Excitation Systems Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Excitation Systems Sales Value, 2020-2031
6.8.2 Southeast Asia Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Excitation Systems Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Excitation Systems Sales Value, 2020-2031
6.9.2 India Excitation Systems Sales Value by Type (%), 2024 VS 2031
6.9.3 India Excitation Systems Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 ABB(Switzerland)
7.1.1 ABB(Switzerland) Company Information
7.1.2 ABB(Switzerland) Introduction and Business Overview
7.1.3 ABB(Switzerland) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 ABB(Switzerland) Excitation Systems Product Offerings
7.1.5 ABB(Switzerland) Recent Development
7.2 Rolls Royce(UK)
7.2.1 Rolls Royce(UK) Company Information
7.2.2 Rolls Royce(UK) Introduction and Business Overview
7.2.3 Rolls Royce(UK) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Rolls Royce(UK) Excitation Systems Product Offerings
7.2.5 Rolls Royce(UK) Recent Development
7.3 Voith(Germany)
7.3.1 Voith(Germany) Company Information
7.3.2 Voith(Germany) Introduction and Business Overview
7.3.3 Voith(Germany) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Voith(Germany) Excitation Systems Product Offerings
7.3.5 Voith(Germany) Recent Development
7.4 Tenel(Czech Republic)
7.4.1 Tenel(Czech Republic) Company Information
7.4.2 Tenel(Czech Republic) Introduction and Business Overview
7.4.3 Tenel(Czech Republic) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Tenel(Czech Republic) Excitation Systems Product Offerings
7.4.5 Tenel(Czech Republic) Recent Development
7.5 Basler Electric
7.5.1 Basler Electric Company Information
7.5.2 Basler Electric Introduction and Business Overview
7.5.3 Basler Electric Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Basler Electric Excitation Systems Product Offerings
7.5.5 Basler Electric Recent Development
7.6 Konear Inem(Croatia)
7.6.1 Konear Inem(Croatia) Company Information
7.6.2 Konear Inem(Croatia) Introduction and Business Overview
7.6.3 Konear Inem(Croatia) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Konear Inem(Croatia) Excitation Systems Product Offerings
7.6.5 Konear Inem(Croatia) Recent Development
7.7 Altex Electric(India)
7.7.1 Altex Electric(India) Company Information
7.7.2 Altex Electric(India) Introduction and Business Overview
7.7.3 Altex Electric(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Altex Electric(India) Excitation Systems Product Offerings
7.7.5 Altex Electric(India) Recent Development
7.8 Automation Electronics(India)
7.8.1 Automation Electronics(India) Company Information
7.8.2 Automation Electronics(India) Introduction and Business Overview
7.8.3 Automation Electronics(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Automation Electronics(India) Excitation Systems Product Offerings
7.8.5 Automation Electronics(India) Recent Development
7.9 Amtech Power(India)
7.9.1 Amtech Power(India) Company Information
7.9.2 Amtech Power(India) Introduction and Business Overview
7.9.3 Amtech Power(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Amtech Power(India) Excitation Systems Product Offerings
7.9.5 Amtech Power(India) Recent Development
7.10 Andritz(Austria)
7.10.1 Andritz(Austria) Company Information
7.10.2 Andritz(Austria) Introduction and Business Overview
7.10.3 Andritz(Austria) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Andritz(Austria) Excitation Systems Product Offerings
7.10.5 Andritz(Austria) Recent Development
7.11 Siemens(Germany)
7.11.1 Siemens(Germany) Company Information
7.11.2 Siemens(Germany) Introduction and Business Overview
7.11.3 Siemens(Germany) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Siemens(Germany) Excitation Systems Product Offerings
7.11.5 Siemens(Germany) Recent Development
7.12 GE
7.12.1 GE Company Information
7.12.2 GE Introduction and Business Overview
7.12.3 GE Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 GE Excitation Systems Product Offerings
7.12.5 GE Recent Development
7.13 VEO OY(Finland)
7.13.1 VEO OY(Finland) Company Information
7.13.2 VEO OY(Finland) Introduction and Business Overview
7.13.3 VEO OY(Finland) Excitation Systems Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 VEO OY(Finland) Excitation Systems Product Offerings
7.13.5 VEO OY(Finland) Recent Development
8 Industry Chain Analysis
8.1 Excitation Systems Industrial Chain
8.2 Excitation Systems Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Excitation Systems Sales Model
8.5.2 Sales Channel
8.5.3 Excitation Systems Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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